You guys started a conversation a few days back that cause
You guys started a conversation a few days back that cause the KBM ship of fools on IFLUB to have “mind excursion” flashbacks but failed to continue the topic. I want to bring it back up on topic.
The rules covering the timing of purchases around major developments within the company may cause HJOE to delay implementing it. HJOE should not conduct a program at all if there is any material inside information (financials, new products, conversions, settlements, etc.) that HJOE is aware of that has not been publicly disclosed. If HJOE knows the earnings but those earnings haven't been released, HJOE should not be out purchasing its stock. Many companies inform their brokers that they may be required to suspend on short notice purchases authorized as part of an ongoing repurchase program and apply the same "blackout period" forbidding all trades to corporate repurchases as they do for insider stock purchases by individuals. HJOE may decide not to trade during a period that extends from 10 days before through two days after any earnings release.
Assuming no pending developments prevent a buyback HJOE should state both a dollar or share purchase limit and a time frame—for example; $5 million over one year, 3% of shares outstanding over the next six months or a half million shares before year-end. HJOE should issue a press release detailing the program. Things start to get tricky at this stage because of the extensive regulations governing corporate share repurchases. The safest course of action is to follow the guidelines found in the 1934 act's Rule 10b-18—Purchases of Certain Equity Securities by the Issuer and Others.
Rule 10b-18 provides a safe harbor only for repurchases of common stock. Even though compliance with Rule 10b-18 isn't mandatory, it does reduce the potential for error in executing a buyback.
The idea is that there isn't the opportunity for market manipulation when HJOE is buying large blocks back. If such a large block were to be thrown into the open market, it would probably cause a supply and demand imbalance.
Hangover Joe's Holding Corporation (HJOE) Stock Research Links
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Playing Hardball: Gildan Faces Serious Claims Gildan Activewear Inc. (NYSE:GIL) isn't just dealing with wardrobe malfunctions; it's knee-deep in a class action lawsuit that's got investors on edge. The allegations? Accusations of deceptive practices like channel stuffing, which supposedly jazzed up their financials by moving unsold products through distribution channels...
Continue Reading
Setting Sail on Savings: Princess Cruises' Offerings When folks start talking about Black Friday, you probably think of TVs or gadgets, but Princess Cruises is flipping that idea with their 'Blue Friday' sale, running from November 6 through December 7, 2026. Now, cruises aren't your traditional doorbuster, but a vacation might just be the kind of experience worth...
Continue Reading
Portfolio Boost: Adapting to Market Needs If you're sniffing around the windows business, there's a fresh breeze of innovation blowing from Andersen. They're not just sitting around drumming their fingers—they're rolling up their sleeves and fine-tuning their offerings. With half of homeowners swinging a hammer on renovations last year, the company sees an opportunity...
Continue Reading
Diving into AZZ's Sustainability Commitment AZZ Inc., known in the trading circles as NYSE:AZZ, has just dropped its 2026 Sustainability Report and it’s quite the document to chew on. This ain't your typical corporate fluff. Tom Ferguson, the man steering the AZZ ship, laid it down plain and simple. This report isn’t just about ticking boxes for ESG; it’s reflecting...
Continue Reading
Revolutionizing Hospitality Design: A New Wave Some companies play it safe, sticking to tried-and-true approaches, but then there's Lagoon Furniture USA who's taking the bull by the horns with their fresh take on hospitality design ahead of BDNY 2026. Forget about following a set recipe; they're all about crafting unique identities for spaces! From Chairs to Sculptural...
Continue Reading
DraftKings' Surprising Turn of Fortune Talk about a gut punch! DraftKings (NASDAQ: DKNG) dropped a bombshell that had investors reeling. They decided to lop off a hefty slice of their revenue guidance, and trust me, those aren't small numbers we’re talking about. On November 6, they yanked their full-year 2026 revenue guidance down to $6.35 billion to $6.55 billion from...
Continue Reading
The Storm Brewing Over Madrigal Pharmaceuticals Well, folks, here we are smack dab in the middle of another roller-coaster ride in the biotech sector, and it ain't pretty. Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) is in hot water with some serious allegations thrown their way. The company is now under investigation by Kessler Topaz Meltzer & Check, LLP, a top-notch...
Continue Reading
Investing in Koppers: A Mixed Bag in Q3 Well, it appears Koppers (NYSE: KOP) is doing a bit of a dance this quarter—some smooth steps, but a few stumbles in the rhythm when it comes to margins. The hardwood numbers tell an interesting tale, so let's break it down. Sales Edge Up, But Margins Suffer Koppers clocked in net sales of $499.1 million for the third quarter of...
Continue Reading
Ring the Bell: Dividend Hike from F&G F&G Annuities & Life (NYSE: FG) just raised its dividend, and every investor worth their salt knows that means something. A 4% bump up to $0.26 per common share might not sound like a fanfare, but in the land of finance, it's an indication that this company thinks it's riding a positive wave. It’s like getting a little bonus in your...
Continue Reading
Reconnecting With History In an era dominated by fleeting digital interactions, the heartening effort by Friends & Co stands out. This nonprofit is digging back into its roots and asking folks to share tales of the deep bonds formed over the past fifty years under its former guise, Little Brothers – Friends of the Elderly Twin Cities. The mission? To celebrate...
Continue Reading
Top 5 Most Recently Viewed Articles
Motto Mortgage Community Solutions: A New Era in Mortgage Brokerage Motto Mortgage Community Solutions is excited to open its doors and invite the community to celebrate a new chapter. This mortgage brokerage franchise is focused on helping individuals navigate the home loan process with ease and confidence. Inviting the Community for a Celebration The grand opening...
Continue Reading
Klarpay AG is Now Bivial AG Klarpay AG, a renowned fintech company specializing in modern Swiss accounts and global transactional banking, is undergoing a significant transformation. In the upcoming weeks, Klarpay AG will officially rebrand itself as Bivial AG. This change is not just a fresh name; it embodies the company's evolving vision and core values, integrating a...
Continue Reading
BrightSphere Investment Group Inc. (NYSE: BSIG) announced its rebranding to Acadian Asset Management back in early 2025, marking a major shift in strategy. This wasn't just a name change; it was the end of their multi-boutique model and the start of a more streamlined focus on asset management. They offloaded six out of seven affiliates to zero in on core...
Continue Reading
Chippewa Boots Introduces the Super Logger Collection Rugged. Reliable. Ready for Anything. Chippewa Boots proudly announces the return of an icon—the legendary Super Logger. This latest evolution of one of America's most trusted work boots is assembled in the USA, using global parts. Engineered for performance and built on over a century of expert craftsmanship, the...
Continue Reading
Diodes Incorporated Reports Financial Results for Q4 2024 Diodes Incorporated (NASDAQ: DIOD) recently shared its financial performance for the fourth quarter of the fiscal year ending. The company reported a revenue of $339.3 million, marking a slight decline from $350.1 million in the previous quarter yet reflecting an increase from $322.7 million reported in Q4 of the...
Continue Reading